Posts Tagged ‘US bail out

14
Oct
08

On air: Is it the end of capitalism as we know it?

Does capitalism work? If it did governments around the world wouldn’t be bailing it out with vast amounts of taxpayers’ cash would they ? Shouldn’t the market decide ? .

here’s a quote from history :

“The inherent vice of capitalism is the unequal sharing of the blessings. The inherent blessing of socialism is the equal sharing of misery.”–Winston Churchill

And here’s a view from the Washington Post which talks about the end of “American capitalism” , and says Continue reading ‘On air: Is it the end of capitalism as we know it?’




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